Response to JLIF Announcement

RNS Number : 4743Y

Balfour Beatty PLC

01 December 2014

 



NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

FOR IMMEDIATE RELEASE

1 December 2014

Balfour Beatty plc

Response to the announcement by the John Laing Infrastructure Fund Ltd

Balfour Beatty plc ("Balfour Beatty"), the international infrastructure group, notes the announcement by the John Laing Infrastructure Fund Ltd ("JLIF") that it intends to make a non-binding proposal for Balfour Beatty's PPP portfolio.

The Board of Balfour Beatty will review the proposal once received from JLIF. A further announcement will be made in due course, as appropriate.

As previously stated, the Board remains open to value creation opportunities across the group while it concentrates on the restoration of value to its shareholders.

Analyst/investor enquiries:

Anoop Kang
Tel. [phone]

[e-mail]

Media enquiries:

Dominic Cheetham
Tel. [phone]

[e-mail]

Maitland

Neil Bennett

Liz Morley

Tel. [phone]

 

END

 

 

RSPKMMGZMMGGDZM